Democratic Primaries

Midnight Writer

(25,213 posts)

42. I'm with you. I was just looking at your numbers and thinking of what Gates said.

Reply to Eko (Reply #37)

Wed Nov 6, 2019, 11:57 PM

Nov 2019

If I were to vote in a presidential
primary today, I would vote for: Undecided

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Bill Gates on a Wealth Tax [View all] brooklynite Nov 2019 OP

LOL NRaleighLiberal Nov 2019 #1

valid argument evertonfc Nov 2019 #2

Yep... pfeiffer Nov 2019 #4

In case you missed it... Dark n Stormy Knight Nov 2019 #18

You missed her healthcare funding proposal, she doubled the wealth tax last week. Hoyt Nov 2019 #26

If billionaires like Bill paid all they should pay Dark n Stormy Knight Nov 2019 #5

So... pfeiffer Nov 2019 #10

Your question suggests that one must be a billionaire to be a humanitarian. Dark n Stormy Knight Nov 2019 #15

If we could build a just and humane society ArcticFox Nov 2019 #29

People are always supportive of taxing other people. n/t PhoenixDem Nov 2019 #40

Any individual who has one billion should STFU. Dark n Stormy Knight Nov 2019 #3

How much does J.K. Rowling "deserve" in your system? brooklynite Nov 2019 #7

Aha! pfeiffer Nov 2019 #11

I don't know how much she "deserves." Dark n Stormy Knight Nov 2019 #14

Here's some more thoughtful reasoning you and your snarky pals can snootily sneer at: Dark n Stormy Knight Nov 2019 #20

Thank you n/t Blaukraut Nov 2019 #25

Okay,I'll play... brooklynite Nov 2019 #32

LOL, ok! nt USALiberal Nov 2019 #8

And... pfeiffer Nov 2019 #12

Same. Dark n Stormy Knight Nov 2019 #16

If that was the case we'd have had Pres Perot & Pres Forbes. oldsoftie Nov 2019 #13

Well, I used the presidency as shorthand. It doesn't have to be that exactly. Dark n Stormy Knight Nov 2019 #17

So you have no problem with Citizen's United? MrsCoffee Nov 2019 #46

I have an issue with it, but money doesnt get you elected. YOU have to perform. oldsoftie Nov 2019 #48

Gates would pay 1.2 billion dollars annually under a 2% wealth tax ritapria Nov 2019 #6

Which shows you how little a "wealth tax' will raise. Its just a show. oldsoftie Nov 2019 #19

Gates is worth 106.8 billion Eko Nov 2019 #21

That would leave him with only 104 billion. And that's just the first year. Midnight Writer Nov 2019 #36

Ya, Eko Nov 2019 #37

I'm with you. I was just looking at your numbers and thinking of what Gates said. Midnight Writer Nov 2019 #42

tax evertonfc Nov 2019 #9

To fund everything Warren or Sanders promising requires lots of mil/billionaires. Hoyt Nov 2019 #22

That is the irony of this plan dansolo Nov 2019 #43

How does no one ever get this? There arent enough of them NOW to raise whats needed. oldsoftie Nov 2019 #49

If wealth was put to work instead of creating more wealth Prosper Nov 2019 #51

no person has ever earned a billion dollars. That's policy failure. gates being a great example Kurt V. Nov 2019 #23

So Bill Gates is worth 50 TRILLION? Rstrstx Nov 2019 #24

The poor oppressed billionaire. guillaumeb Nov 2019 #27

So he's worried about the rate? zaj Nov 2019 #28

Income tax is the fairest tax TheFarseer Nov 2019 #30

No, its not. Because 100s of billions, if not trillions, go untaxed & unaccounted for. oldsoftie Nov 2019 #50

If you're talking about income from a business TheFarseer Nov 2019 #55

"stated income" jobs. Forget offshore stuff & assets. I'm talking straight income. oldsoftie Nov 2019 #56

So TheFarseer Nov 2019 #57

I definitely agree. Taxes rarely ever generate the "projected" revenue oldsoftie Nov 2019 #58

Right TheFarseer Nov 2019 #59

Heres a story that will make you laugh & laugh: oldsoftie Nov 2019 #60

I don't know why this wealth tax is tied to M4A Turbineguy Nov 2019 #31

Warren says hello BeyondGeography Nov 2019 #33

Billionaires should not exist. Period. Joe941 Nov 2019 #34

If obtained legally I am fine with it. Just have them pay more taxes. nt USALiberal Nov 2019 #35

I'm not fine with it. Joe941 Nov 2019 #39

Who is saying Bill Gates should pay $100 Billion in taxes??? SKKY Nov 2019 #38

3% per year on billionaires PhoenixDem Nov 2019 #41

Assuming they keep their billions under their mattress. Cuthbert Allgood Nov 2019 #45

Right? MrsCoffee Nov 2019 #47

No because it is 3% of what you have left after 3% is deducted. Prosper Nov 2019 #52

What you have left over is still more than any one human should ever have. MrsCoffee Nov 2019 #44

Cursory observation of replies in this thread appears Prosper Nov 2019 #53

Honestly I dont care what the rich's opinion on the matter is. Joe941 Nov 2019 #54